The two firms will install and operate 15 MW of facilities in a NIS 220 million contract.
Inbar Solar Energy Ltd. and Ergasol Solar Enterprises LP have signed a NIS 220 million contract to jointly install 15 megawatts of small photovoltaic rooftop facilities on buildings, barns, and chicken coops throughout the country, and maintain and operate the facilities for 20 years.
Inbar Solar Energy has installed five megawatts of photovoltaic systems in Israel, and is one of Israel's leading company in this sector. The company has applied for licenses to install and operate 25 megawatts of mid-sized photovoltaic systems.
Ergasol is a private equity fund that invests in photovoltaic projects under construction or planned in Israel. It's projects total 40 megawatts.
Published by Globes [online], Israel business news - www.globes-online.com - on September 6, 2010
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